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You have $59,000. You put 24% of your money in a stock with an expected return of 13%, $37,000 in a stock with an expected re

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Answer #1
Investment Respective Return
(59000*24%)=$14160 13%
37000 16%
(59000-(14160+37000)=$7840 19%

Portfolio return=Respective Investment Weight*Respective Return

=(14160/59000*13)+(37000/59000*16)+(7840/59000*19)

=15.68%(Approx).

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